{"id":3640,"date":"2025-04-15T12:20:00","date_gmt":"2025-04-15T11:20:00","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=3640"},"modified":"2025-04-15T12:30:53","modified_gmt":"2025-04-15T11:30:53","slug":"ripple-xrp-track-to-break-2-40-barrier","status":"publish","type":"post","link":"https:\/\/preprod.investx.fr\/en\/crypto-news\/ripple-xrp-track-to-break-2-40-barrier\/","title":{"rendered":"Is Ripple (XRP) on Track to Break the $2.40 Barrier ?"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"ripples-rebound-gains-momentum\"><strong>Ripple&#8217;s Rebound Gains Momentum<\/strong><\/h2>\n\n\n\n<p>Over the past week, <a href=\"https:\/\/preprod.investx.fr\/en\/crypto-investing\/buy\/ripple-xrp\">Ripple (XRP)<\/a> has shown significant growth. During this period, the altcoin surged from a local low of <strong>$1.6<\/strong> to a high of <strong>$2.2<\/strong>.<\/p>\n\n\n\n<p>At the time of writing, <strong>XRP <\/strong>was <a href=\"https:\/\/preprod.investx.fr\/en\/trading\/\">trading<\/a> at <strong>$2.15<\/strong>, marking a <strong>21.73%<\/strong> increase over the last 7 days. On the daily charts, the altcoin has also recorded significant gains.<\/p>\n\n\n\n<figure class=\"wp-block-embed aligncenter is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$XRP<\/a> won\u2019t stop in Q2 <br>It won\u2019t fail this time. Be ready <a href=\"https:\/\/t.co\/AJOyhEc16g\">https:\/\/t.co\/AJOyhEc16g<\/a> <a href=\"https:\/\/t.co\/OmgdNrBux7\">pic.twitter.com\/OmgdNrBux7<\/a><\/p>&mdash; Crypto Eagles (@CryptoProject6) <a href=\"https:\/\/twitter.com\/CryptoProject6\/status\/1911824715871641997?ref_src=twsrc%5Etfw\">April 14, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>Additionally, the volume surged by <strong>42.18%<\/strong> to reach <strong>$10.12 billion<\/strong>, while the options volume soared by <strong>204%<\/strong> to $3.49k. Similarly, the altcoin&#8217;s options Open Interest increased by <strong>87.5%<\/strong> to reach <strong>$486.6k<\/strong>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"heading-towards-a-test-of-the-2-4-zone\"><strong>Heading Towards a Test of the $2.4 Zone ?<\/strong><\/h2>\n\n\n\n<p>This recent price surge has caught the attention of analysts, who now see a strong <a href=\"https:\/\/preprod.investx.fr\/en\/learn\/crypto-bullrun\/\">bullish<\/a> move ahead. Popular <a href=\"https:\/\/preprod.investx.fr\/en\/crypto-investing\/\">crypto<\/a> analyst Ali Martinez predicts a rally up to <strong>$2.4<\/strong>.<\/p>\n\n\n\n<figure class=\"wp-block-embed aligncenter is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$XRP<\/a> is trading within an ascending triangle, with key resistance at $2.22. A breakout could spark a move toward $2.40. <a href=\"https:\/\/t.co\/bzrTYg9ps1\">pic.twitter.com\/bzrTYg9ps1<\/a><\/p>&mdash; Ali (@ali_charts) <a href=\"https:\/\/twitter.com\/ali_charts\/status\/1911682606585815515?ref_src=twsrc%5Etfw\">April 14, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>According to his analysis, <strong>XRP <\/strong>is currently forming an ascending triangle. This pattern is typically seen as a bullish continuation signal, indicating that <strong>buyers<\/strong> are gradually gaining strength.<\/p>\n\n\n\n<p>Martinez points out that <strong>XRP <\/strong>will need to break a key <strong>resistance <\/strong>around <strong>$2.22<\/strong>. A breakout above this level could trigger a significant move towards <strong>$2.40<\/strong>, which is a strong demand and hence resistance zone<strong>.<\/strong><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/preprod.investx.fr\/en\/wp-content\/uploads\/sites\/5\/2025\/04\/TP_XRP_USDT-BINANCE_charlesledoux_15-04-2025-1-1024x576-1.jpg\" alt=\"XRP price in 3H\" class=\"wp-image-3664\" srcset=\"https:\/\/media.investx.fr\/wp-content\/uploads\/sites\/5\/2025\/04\/TP_XRP_USDT-BINANCE_charlesledoux_15-04-2025-1-1024x576-1.jpg 1024w, https:\/\/media.investx.fr\/wp-content\/uploads\/sites\/5\/2025\/04\/TP_XRP_USDT-BINANCE_charlesledoux_15-04-2025-1-1024x576-1-300x169.jpg 300w, https:\/\/media.investx.fr\/wp-content\/uploads\/sites\/5\/2025\/04\/TP_XRP_USDT-BINANCE_charlesledoux_15-04-2025-1-1024x576-1-768x432.jpg 768w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n<\/div>\n\n\n<p>With crucial support at <strong>$2.02<\/strong>, XRP must stay above it to reach this green area in the coming days. Otherwise, the token will fall back. Possibly between <strong>$1.75 and $1.73<\/strong> or lower.<\/p>\n\n\n\n<p>However, XRP might also drop after hitting this strong zone between <strong>$2.3 and $2.37<\/strong>. This will depend on Bitcoin and market trends as this zone may lead many traders to exit the market.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"how-far-can-xrp-go\"><strong>How Far Can XRP Go?<\/strong><\/h2>\n\n\n\n<p>Nevertheless, in the medium term, it seems poised to target <strong>$3<\/strong> in the coming weeks. AMBCrypto&#8217;s analysis revealed that XRP is benefiting from a <strong>strong bullish momentum<\/strong>, driven by growing positive sentiment.<\/p>\n\n\n\n<p>Despite a slight retreat in recent days, the buy\/sell ratio on the <strong>XRP DEX<\/strong> remains above 1, standing at <strong>1.5<\/strong> at the time of writing. This means that for every sell order, there are 1.5 buy orders, indicating <strong>high buying pressure.<\/strong><\/p>\n\n\n\n<p>Therefore, more buy orders are being executed in the market compared to sell orders, further reinforcing the bullish momentum.<\/p>\n\n\n\n<figure class=\"wp-block-embed aligncenter is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">66.86% of traders in Binance with open <a href=\"https:\/\/twitter.com\/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$XRP<\/a> positions are going long! <a href=\"https:\/\/t.co\/oDL2NsUzHq\">pic.twitter.com\/oDL2NsUzHq<\/a><\/p>&mdash; Ali (@ali_charts) <a href=\"https:\/\/twitter.com\/ali_charts\/status\/1911962932746797334?ref_src=twsrc%5Etfw\">April 15, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>Additionally, with a positive Funding Rate for XRP over the last 5 days, it suggests that investors are <strong>optimistic<\/strong> and taking long positions.<\/p>\n\n\n\n<p>Finally, the Supply Ratio on XRP exchanges has decreased over the past week, reaching <strong>0.02743<\/strong>. This drop in supply on exchanges indicates that investors are holding onto more XRP tokens, <strong>reducing selling pressures.<\/strong><\/p>\n\n\n\n<p>In summary, Ripple&#8217;s token is currently <strong>enjoying favourable market <\/strong>conditions, positioning it for further price gains. If the current sentiment remains strong, XRP could reclaim the resistance level of <strong>$2.40<\/strong>. A breakout above this threshold could then lead to an attempt at <strong>$2.50<\/strong>.<\/p>\n\n\n\n<p>However, in case of a pullback to <strong>$2.02<\/strong>, XRP could retreat to <strong>$1.90 and $1.75<\/strong>.<\/p>\n\n\n\n<p>As XRP appears to have found <strong>its bottom<\/strong>, it presents a good buying opportunity for the coming weeks. Here is a detailed guide on buying XRP on Weex:<\/p>\n\n\n\n<ol start=\"1\" class=\"wp-block-list\">\n<li><strong>Create a Weex account<br><\/strong>Visit the official Weex website and sign up with your email or phone number. Confirm your registration with the code sent and activate 2FA to secure your account.<\/li>\n\n\n\n<li><strong>Verify your identity (KYC)<br><\/strong>Complete the KYC verification by submitting an ID document and, if required, proof of address. This quick step is necessary to access all trading features.<\/li>\n\n\n\n<li><strong>Add funds<br><\/strong>Go to &#8220;Deposit&#8221; and fund your wallet with cryptos (USDT, BTC, etc.) or via fiat (credit card, bank transfer, as available). Follow the instructions to finalize.<\/li>\n\n\n\n<li><strong>Find the market<br><\/strong>Access &#8220;Spot Trading&#8221;, search for &#8220;XRP&#8221; in the dedicated bar, and select the XRP\/USDT pair to open the trading interface.<\/li>\n\n\n\n<li><strong>Make the purchase<br><\/strong>Choose a market order for an instant purchase or a limit order to set a specific price. Indicate the desired amount, verify, then confirm your transaction.<\/li>\n<\/ol>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-16018d1d wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.weex.com\/newbieActivities?id=520&amp;type=BEGINNER_TASK&amp;vipCode=ku3x\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Buy XRP on Weex and get $10 after your KYC !<\/a><\/div>\n<\/div>\n\n\n\n<p><strong>More on this topic :<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/preprod.investx.fr\/en\/crypto-news\/cardano-founder-takes-trumps-crypto-reserve-clash\/\">Cardano Founder Challenges Trump\u2019s Crypto Reserve : What\u2019s Fueling the Feud ?<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/preprod.investx.fr\/en\/crypto-news\/bitcoin-momentum-builds-surge-90000-inevitable\/\">Bitcoin Momentum Builds : Is a Surge to $90,000 Inevitable ?<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/preprod.investx.fr\/en\/crypto-news\/ethereum-dominance-plunges-whats-driving-decline-eth\/\">Ethereum Dominance Plunges to 4-Year Low : What\u2019s Driving the Sharp Decline ?<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>After a successful week, the XRP altcoin appears ready to continue its recovery. Are investors about to witness Ripple&#8217;s flagship altcoin reaching a new significant milestone?<\/p>\n","protected":false},"author":32,"featured_media":3633,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_yoast_wpseo_focuskw":"xrp","_yoast_wpseo_title":"Ripple (XRP) Rally: Can It Break Past $2.40 and Keep Rising ?","_yoast_wpseo_metadesc":"XRP surges 20% in a week, sparking hope for a lasting recovery. Explore analysis and future growth to $2.4. Don't miss out !","footnotes":"","faq_titre":"","questions_frequentes":"","custom_permalink":""},"categories":[11,10],"tags":[],"class_list":["post-3640","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins","category-crypto-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Ripple (XRP) Rally: Can It Break Past $2.40 and Keep Rising ?<\/title>\n<meta name=\"description\" content=\"XRP surges 20% in a week, sparking hope for a lasting recovery. Explore analysis and future growth to $2.4. 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Explore analysis and future growth to $2.4. 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